IMMO HANSSENS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO HANSSENS
Largest movements
- Cash -€39,503
down €39,503 (-43.8%), from €90,183 to €50,681
mainly Other debts (-€41,547) and Debts after one year (-€27,493)
- Tangible fixed assets -€9,999
down €9,999 (-5.7%), from €174,852 to €164,853
of which Leasing and similar rights: -€11,904
- Receivables within one year +€8,704
up €8,704 (+3.8%), from €230,751 to €239,454
of which Other amounts receivable: +€31,450
- Other debts -€41,547
down €41,547 (-26.0%), from €159,947 to €118,400
- Debts after one year -€27,493
down €27,493 (-18.9%), from €145,661 to €118,168
- Reserves +€24,188
up €24,188 (+22.2%), from €108,713 to €132,902
- Trade debts +€7,010
up €7,010 (+93.3%), from €7,515 to €14,524
- Gross operating margin -€147,227
down €147,227 (-66.0%), from €223,150 to €75,923
- Staff costs -€30,131
no longer reported in 2025 (was €30,131)
- Taxes -€22,326
down €22,326 (-75.4%), from €29,623 to €7,297
- Depreciation -€4,151
down €4,151 (-11.2%), from €37,021 to €32,870
- Other operating charges -€3,195
down €3,195 (-58.6%), from €5,447 to €2,253
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,163 | €455,365 | -€40,798 | -8.2% |
| Fixed assets | 21/28 | €175,039 | €164,990 | -€10,049 | -5.7% |
| Intangible fixed assets | 21 | €187 | €137 | -€50 | -26.7% |
| Tangible fixed assets | 22/27 | €174,852 | €164,853 | -€9,999 | -5.7% |
| Plant, machinery and equipment | 23 | €117,908 | €121,338 | +€3,430 | +2.9% |
| Furniture and vehicles | 24 | €13,393 | €11,868 | -€1,525 | -11.4% |
| Leasing and similar rights | 25 | €43,550 | €31,646 | -€11,904 | -27.3% |
| Current assets | 29/58 | €321,124 | €290,375 | -€30,749 | -9.6% |
| Amounts receivable within one year | 40/41 | €230,751 | €239,454 | +€8,704 | +3.8% |
| Trade receivables | 40 | €60,051 | €37,304 | -€22,746 | -37.9% |
| Other amounts receivable | 41 | €170,700 | €202,150 | +€31,450 | +18.4% |
| Cash at bank and in hand | 54/58 | €90,183 | €50,681 | -€39,503 | -43.8% |
| Deferred charges and accrued income | 490/1 | €190 | €240 | +€50 | +26.2% |
| Total equity and liabilities | 10/49 | €496,163 | €455,365 | -€40,798 | -8.2% |
| Equity | 10/15 | €111,213 | €135,402 | +€24,188 | +21.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €108,713 | €132,902 | +€24,188 | +22.2% |
| Distributable reserves | 133 | €108,713 | €132,902 | +€24,188 | +22.2% |
| Amounts payable | 17/49 | €384,950 | €319,963 | -€64,986 | -16.9% |
| Amounts payable after more than one year | 17 | €145,661 | €118,168 | -€27,493 | -18.9% |
| Financial debts | 170/4 | €145,661 | €118,168 | -€27,493 | -18.9% |
| Amounts payable within one year | 42/48 | €239,288 | €201,545 | -€37,743 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €27,125 | €28,543 | +€1,418 | +5.2% |
| Trade debts | 44 | €7,515 | €14,524 | +€7,010 | +93.3% |
| Suppliers | 440/4 | €7,515 | €14,524 | +€7,010 | +93.3% |
| Taxes, remuneration and social security | 45 | €44,701 | €40,078 | -€4,624 | -10.3% |
| Taxes | 450/3 | €42,851 | €40,078 | -€2,774 | -6.5% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Other amounts payable | 47/48 | €159,947 | €118,400 | -€41,547 | -26.0% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Remuneration, social security and pensions | 62 | €30,131 | - | -€30,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,021 | €32,870 | -€4,151 | -11.2% |
| Other operating charges | 640/8 | €5,447 | €2,253 | -€3,195 | -58.6% |
| Gross operating margin | 9900 | €223,150 | €75,923 | -€147,227 | -66.0% |
| Operating profit (loss) | 9901 | €150,551 | €40,800 | -€109,752 | -72.9% |
| Financial charges | 65/66B | €11,382 | €9,315 | -€2,067 | -18.2% |
| Recurring financial charges | 65 | €11,382 | €9,315 | -€2,067 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €139,170 | €31,485 | -€107,684 | -77.4% |
| Income taxes | 67/77 | €29,623 | €7,297 | -€22,326 | -75.4% |
| Profit (loss) for the period | 9904 | €109,546 | €24,188 | -€85,358 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,546 | €24,188 | -€85,358 | -77.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.